EU Retail Sales up by 0.2%

Monday, 5 September 2011 01:13

Euro area’s volume of Retail trade was reported to be up by 0.2%.

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Euros time to shine

Monday, 6 June 2011 11:47

The 17 nation European currency is thriving on disappointing U.S news and Euro news about Greek debts and Interest Rates. Starting Monday, the currency opened to hit a new one-month high of 1.4658 after trading around 1.4650 on friday before the end of the week. Aiming for the 1.50- line, the Euro is shining as positive announcements push it upwards.

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17-nation currency through the roof

Tuesday, 31 May 2011 01:24

Things are looking good for the 17 country currency, the Euro. As Germany has reportedly agreed to bailout Greece with a new package deal, a positive attitude has overturned causing the Euro to hit a 3-week high against the U.S Dollar.

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ECB’s Press release

Friday, 27 May 2011 11:27

Monetary Developments in the Euro Area for April were released just minutes ago. Year on year growth rate of M3 came out lower than expected at 2.0%, decreasing from 2.5% value expected and prior March results of 2.3%.
Annual Private Loans came out lower than expectations. Year on year results were released at 2.6%, while it was forecasted at 2.7%. Although lower than expected, the 2.6% results was a little higher than last year’s 2.5%.

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Slight recovery for Euro after all-time low versus Swiss Franc

Thursday, 26 May 2011 11:35

Yesterday’s Euro session had mixed feelings, trading flat against the Dollar and lower versus the Streling and Swiss Franc. Today’s session seems to be a little brighter for the 17 nation European currency as it’s trading stronger against the Dollar above the 1.40 zone.

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